Study Notes
Cross Price Elasticity of Demand
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 2 Jul 2018
Cross price elasticity (XED) measures the responsiveness of demand for good X following a change in the price of a related good Y.
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Revision Flashcards for A Level Economics Students
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